Gassed - I had a look at this a long time ago; but the valuation of 1000 cubic feet of gas (GJ) is $0.20 (this is from a broker report). So if you do the figures from here 25% of 600 Tcf (for both PEL218 and ATP 855) to get the recoverable gas we get 150 trillion cubic feet of recoverable gas; from the valuation of $0.20 per 1000 cubic feet;
This gives a final value of 30 billion; these are my calculations so they could be wrong, so do your own! The recoverable gas could also be a lot less. Any way gives an idea of how explosive the potential of shale gas could be if it is economic. Considering the Market Cap of Beach is only $1.7 billion approx at the moment...best of luck everyone!
Gassed - I had a look at this a long time ago; but the valuation...
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Last
$1.18 |
Change
0.010(0.85%) |
Mkt cap ! $2.640B | |||
| Open | High | Low | Value | Volume |
| $1.18 | $1.19 | $1.15 | $6.317M | 5.403M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 290830 | $1.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.18 | 125164 | 18 |
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| Last trade - 12.28pm 27/09/2024 (20 minute delay) ? |
| BPT (ASX) Chart |